Shell Dives Into Canada's $10 Billion Bay Du Nord Project

Shell buys 30 percent stake in proposed Bay du Nord oil project; premier calls it big win - NTV: Newfoundland and Labrador's Most Trusted News Source

Shell has bought a 30 percent stake in the proposed Bay du Nord oil project off the east coast of Newfoundland. As NTV’s Ben Cleary tells us, Premier Tony Wakeham is touting the sale as a big win for the province’s industry. The post Shell buys 30 percent stake in proposed Bay du Nord oil project; premier calls it big win appeared first on NTV: Newfoundland and Labrador's Most Trusted News Source.

Agreement Reached in Bay du Nord Project; Shell to Purchase 30 Per Cent Ownership

First bp exited from the Newfoundland oil patch; now Shell is picking up the slack. Norway-based Equinor was l...

Equinor Brings Shell Into $14 Billion Bay du Nord Project

Shell has agreed to acquire a 30% stake in Equinor’s Bay du Nord offshore oil project in Canada, bringing a new partner into the estimated C$14 billion development as it...

Shell to buy 30% stake in proposed Bay du Nord oil project off Newfoundland

Equinor says it will retain a 70 per cent operating interest in the project, which would be the first deepwater oil development in Canada if it goes ahead.

Shell to buy 30 per cent stake in Bay du Nord oil project off Newfoundland

ST. JOHN'S - Norway-based Equinor says it has reached an agreement for Shell to buy a 30 per cent stake in the proposed Bay du Nord oil project off the coast of Newfoundland.